https://www.taxtmi.com/caselaws?id=59170 Free samples of medicines distributed to doctors were treated as sales promotion because they both gathered product feedback and helped persuade prescriptions, so the expenditure fell within section 37(3A) and only partial relief was available. The assessment was held to be within limitation after excluding the statutory period under section 144B and Explanation 1(iv) to section 153. Small gifts and presentation articles were treated as ordinary business expenditure, but lunch and snacks for business guests were held to be entertainment expenditure. Interest on amounts received from directors and shareholders was disallowable under section 40A(8). The appellate authority should have entertained the additional section 80J claim, and capital expenditure on buildings used for scientific research remained allowable under section 35(1)(iv). en-us Tue, 03 Dec 1991 00:00:00 +0530 Fri, 06 Jan 2017 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59170 Free samples of medicines distributed to doctors were treated as sales promotion because they both gathered product feedback and helped persuade prescriptions, so the expenditure fell within section 37(3A) and only partial relief was available. The assessment was held to be within limitation after excluding the statutory period under section 144B and Explanation 1(iv) to section 153. Small gifts and presentation articles were treated as ordinary business expenditure, but lunch and snacks for business guests were held to be entertainment expenditure. Interest on amounts received from directors and shareholders was disallowable under section 40A(8). The appellate authority should have entertained the additional section 80J claim, and capital expenditure on buildings used for scientific research remained allowable under section 35(1)(iv). Case-Laws Income Tax Tue, 03 Dec 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59170